The FDH Diaspora Account is designed for Malawians residing in a foreign country. It gives the opportunity of maintaining an account in Malawi while resident abroad. Individuals and companies can open this account and the account can serve as collateral to get credit in local currency from domestic banks in line with the opening bank’s credit policy. Deposits can be made in either USD, EUR, GBP or ZAR. Deposits that are made in other convertible currencies such as Canadian Dollar, Japanese Yen, Australian Dollar, Botswana Pula, New Zealand Dollar, Danish Kroner etc. shall be converted to any of the above stated four currencies at spot exchange rates based on the preference of the account opener.

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